Sparkomatic Cassette Radio Sr35 on 2040-parts.com

Fiat taking 35% stake in Chrysler

Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.

The new Mercedes-Benz CLA Super Bowl spot

It takes a certain kind of chutzpah for a German company that supplied the Nazi war machine to use a track that features the line, “I rode a tank / Held a general's rank / When the Blitzkrieg raged / And the bodies stank.” Apparently, Mercedes-Benz has exactly that sort of chutzpah. The premise, of course, is that you don't have to sell your soul to afford the company's stylish new CLA. That for under 30 grand, you too can dance with Usher, be pulled into red-carpet photographs with Kate Upton, and compete in Formula 1 races.

Winners announced in Factory Five design competition

Earlier this year, we brought you news of an open-sourced design competition from American kit car manufacturer, Factory Five. The brief called for a compact, two-seat roadster that shared a drivetrain with the Subaru Impreza. The car would feature a bespoke space-frame chassis, but the mechanicals would be lifted from the Impreza to allow the car to sell for under $15,000.